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There have been a number of recent developments in the area of corporate insolvency law which will impact on Guernsey insolvency procedures.

The inter-relationship between disputed debts, arbitration agreements and winding up proceedings has come up again this time before the Privy Council in Sian Participation Corp...

The Ordinance aims to enhance and streamline the insolvency process for stakeholders in Guernsey.

With the States of Guernsey's approval yesterday of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the "Ordinance")

Administration Orders are now a well established feature of the Guernsey insolvency framework and provide practitioners with a flexible means of assisting recoveries.

On 11 February 2016 the States of Guernsey Commerce and Employment Department published a consultation response document setting out proposed changes to Guernsey's insolvency regime.

As many readers will know, Guernsey has recently approved a significant set of reforms to our insolvency legislation, to bring it in line with comparable jurisdictions such as England.

This memorandum has been prepared for the assistance of our clients in connection with the provisions relevant to voluntary winding up of Companies under the Companies (Guernsey) Law, 2008 (the “Companies Law”).

The Channel Islands of Guernsey and Jersey did not introduce emergency insolvency legislation as a result of the Covid-19 pandemic and do not presently have ...

Historically, Guernsey's insolvency law had limited operational provisions (compared to English law) and was largely developed by a bespoke and flexible application of common and customary...

Recognition of UK insolvencies in Europe after Brexit[1] is navigating uncertain waters. Following the completion of Brexit, the UK has left parts of the EU's private

David Jones a restructuring and insolvency expert from Carey Olsen was invited to participate as part of the Commerce and Employment Department’s working party that reviewed the laws which raise a number of key areas for change.

In its recent judgment in "Rubin v Eurofinance S.A.; New Cap Reinsurance Corpn. v Grant", the UK Supreme Court considered the extent to which the English courts should recognise and enforce a judgment made in non-EU foreign insolvency proceedings

Carey Olsen is proud to have sponsored the 7th annual INSOL International Channel Islands Seminar which took place in Jersey on 14 September 2021.

Saisie is the customary procedure in Guernsey whereby a creditor can enforce against the real property of their debtor and ultimately have the realty vested in them in order to satisfy the debt. This enforcement process relates to all of the debtor's realty in Guernsey.

The States of Guernsey have published draft legislation (the Draft Legislation) which recommends amendments to the current corporate insolvency legal regime contained within the Companies (Guernsey)

This briefing note provides an outline of the different processes of voluntary winding up and striking off under the Companies (Guernsey) Law, 2008 (as amended) (the "Law").